FedEx
Some of the key events about FedEx
- 1971Founded as Federal Express Corporation, pioneering overnight delivery services
- 1973Launched operations with 14 small aircraft serving 25 cities
- 1975FedEx faced near-bankruptcy and was denied a crucial loan
- 1978Went public on the New York Stock Exchange
- 1983Introduced the "ZapMail" fax service, an early adoption of electronic document delivery
- 1984Expanded internationally with service to Europe and Asia
- 1994Launched fedex.com, one of the first major e-commerce websites
- 1994The company was fined $3.5 million for hazardous waste violations
- 1995Acquired Flying Tigers, significantly expanding its international reach
- 1997FedEx pilots went on strike, disrupting operations
- 2000Rebranded as FedEx Express and expanded its portfolio of services
- 2002The company paid $26.8 million to settle a racial discrimination lawsuit
- 2004Acquired Kinko's, expanding into retail and office services
- 2011FedEx agreed to pay $8 million to settle allegations of overcharging government customers
- 2014FedEx was indicted for shipping illegal online pharmacy drugs
- 2016Completed the acquisition of TNT Express, strengthening its global network
- 2016The company paid $240 million to settle driver misclassification lawsuits
- 2018FedEx experienced a major cybersecurity breach affecting customer data
- 2019The company ended its ground delivery contract with Amazon
- 2020FedEx faced criticism for poor handling of COVID-19 vaccine shipments
Disclaimer: This material is written based on information taken from open sources, including Wikipedia, news media, podcasts, and other public sources.
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Memphis Ex-Officers Face Mixed Verdict in Tyre Nichols Case
Three former Memphis police officers received convictions on lesser charges in the Tyre Nichols case, avoiding life sentences. They still face potential murder charges in state court.
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Former Memphis police officer testifies against colleagues in federal civil rights trial, revealing false statements and excessive force in the fatal beating of Tyre Nichols. Trial continues with potential life sentences.
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The Equal Employment Opportunity Commission has filed a lawsuit against FedEx, accusing the company of discriminating against disabled ramp transport drivers through a "100% healed" policy.
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Second Memphis Officer Admits Guilt in Tyre Nichols Case, Agrees to Cooperate
A former Memphis police officer has pleaded guilty to federal charges in the Tyre Nichols case, agreeing to cooperate with investigators. This development marks a significant turn in the high-profile police brutality case.
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